20. Mohamed Maged, Moaz El-Megharbel
Age: 27, 28
Occupation: Cofounders of mtor
Nationality: Egyptians
Residence: Egypt
Category: Commerce & Finance
mtor is an online B2B marketplace that empowers local car mechanics with access to high-quality parts, financing options, and training on new technologies. Since its inception in 2022, mtor has empowered over 3,500 mechanics in Egypt and processed over 100,000 orders. It has also formed 60 partnerships with the importers and distributors of brands such as Bosch Auto Parts, Valeo, Mobil, Shell, Hyundai MOBIS and DENSO. It has raised more than $3 million from investors, including Algebra Ventures, Dutch Founders Fund (DFF), LoftyInc Capital, Aditum Ventures, Plus VC, Sunny Side Venture Partners, as well as strategic investors.